fintechFIVE: Prospa

Elizabeth Barry 6 April 2017

prospa

Prospa's Beau Bertoli on past and future successes.

Beau Bertoli

Co-founder and joint CEO

In two sentences or less, describe your product or service.

Prospa is changing the way small business owners experience finance by providing fast and easy online access to unsecured loans of between $5,000 and $250,000.

What has been the company's biggest milestone to date?

In February of this year, we announced the delivery of 10,000 loans valued at $250 million in five years of operation. We also secured the largest VC equity investment for an Australian fintech of $25 million.

What’s your most useful advice for having a productive day?

Feeling like you've had a productive day comes from achieving your desired outcomes. So, I start each week by writing down my top two priorities for that week. I benchmark everything I'm working on back to these. Is it helping me achieve those two priorities? If not, I stop and start working on tasks that will!

Where do you see the company in 12 months?

I see it being significantly larger and more structured than today. We will be launching new products, hiring 100 people and expanding our reach potentially through acquisitions.

Which book has had the most influence on your professional mindset?

Playing to Win by AG Lafley & Martin.


The fintechFIVE is a series of five questions intended to shed light on innovative companies from Australia and around the world. Every Thursday we ask the same five questions to a representative from a new fintech company – check out the most recent fintechFIVEs here.

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